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Rent To Own Homes in River Edge, NJ 07661

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River Edge, NJ Foreclosures

How much do homes sell for in River Edge, NJ?
The average home price is currently $878,458.
In River Edge, NJ, how many homes are available?
There are currently 3 active home listings available in River Edge.
What’s the average rental cost in River Edge, NJ?
The average rental price in River Edge is $2,628.
What is the most expensive home in River Edge?
The most expensive home sold in River Edge had a price of $8,200,000.
What is currently the cheapest priced home in River Edge, NJ?
The cheapest home for sale in River Edge is priced at $120,328.

Living in River Edge, NJ

River Edge, NJ is a picturesque suburban community in Bergen County known for its family-friendly atmosphere and vibrant neighborhoods. The borough features well-maintained parks, excellent schools, and a variety of dining and shopping options. With easy access to public transportation and major highways, River Edge is an ideal choice for commuters and families alike.

Current Market Conditions in River Edge, NJ

The real estate market in River Edge has shown consistent growth over the past year, driven by demand for single-family homes in the area. Buyers are attracted to the suburban lifestyle, proximity to New York City, and the community's great schools. The inventory has been somewhat limited, contributing to competitive bidding situations and an increase in home values.

Current market trends indicate that properties are selling quickly, often above listing price, as buyers compete for well-maintained homes. New developments and renovations are also on the rise as the borough grows in popularity.

Home Value Estimator For River Edge, NJ

There are currently 3,286 real estate properties in River Edge, NJ, with a median automated valuation model (AVM) price of $820,267.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in River Edge, NJ, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in River Edge, NJ, is $878,458.00, with the most expensive house in River Edge, NJ, topping out at $8,200,000.00 and the cheapest home in River Edge, NJ, clocking in at $120,328.00. In other words, there’s something for every potential homebuyer or savvy investor in River Edge, NJ!

Rent Prices In River Edge, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in River Edge, NJ, is on a rollercoaster ride. The average rent price in River Edge, NJ, is $2,628.00. Indeed, when looking to rent in River Edge, NJ, you can expect to pay as little as $1,280.00 or as much as $4,750.00, with the average rent median estimated to be $2,620.00. The good news is that finding an affordable and desirable property to rent in River Edge, NJ -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

River Edge, NJ 07661 Rent To Own Homes

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